6, CHAINS DRIVE, CORBRIDGE, NE45 5BP - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 CHAINS DRIVE is a large terraced house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £467,305. It was last sold for £350,000 in June 2007, which was around 183% above the average June 2007 terraced price in the Northumberland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

6 CHAINS DRIVE Sold Prices

Land registry data shows one sale for 6 CHAINS DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 7 JUN	£350,000	£123,575	183% above HPI

What might 6 CHAINS DRIVE be worth now?

6 CHAINS DRIVE might now be worth an estimated £467,305.

This is based on house price inflation of 33.5%, between June 2007 and April 2026, for terraced houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for 6 CHAINS DRIVE of £350,000 on 7th June 2007. For the value to have increased from £350,000 to £467,305 over the nineteen years and two months to April 2026, the following assumptions must hold true:

• The value of 6 CHAINS DRIVE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The June 2007 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CHAINS DRIVE has not materially changed since June 2007.

How Large is 6 CHAINS DRIVE?

6 CHAINS DRIVE is 126m² according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of terraced houses in Corbridge, based on EPC data. The below chart shows the distribution of terraced houses by size in Corbridge, and where 6 CHAINS DRIVE lies on this distribution: 75% of terraced houses are smaller than 6 CHAINS DRIVE, and 25% of terraced houses are larger. Note that EPC data is not available for all properties in Corbridge.

6 CHAINS DRIVE: Plot

6 CHAINS DRIVE sits on a plot of roughly 0.066 of an acre, or 269m².

Where is 6 CHAINS DRIVE?

6 CHAINS DRIVE is located in CORBRIDGE, in the NE45 postcode district.